Airbus (OTCMKTS:EADSF) Stock Price Down 1.3% – Time to Sell?

Shares of Airbus SE (OTCMKTS:EADSF) fell 1.3% during mid-day trading on Monday . The stock traded as low as $174.40 and last traded at $177.96. Approximately 32,089 shares changed hands during mid-day trading, an increase of 854% from the average daily volume of 3,365 shares. The stock had previously closed at $180.22.

Airbus Stock Performance

The firm’s 50-day simple moving average is $177.80 and its 200 day simple moving average is $162.25.

Institutional Trading of Airbus

A hedge fund recently bought a new stake in Airbus stock. Generali Investments CEE investicni spolecnost a.s. purchased a new position in shares of Airbus SE (OTCMKTS:EADSF) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 7,393 shares of the company’s stock, valued at approximately $1,185,000. Institutional investors and hedge funds own 26.91% of the company’s stock.

Airbus Company Profile

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.